Business news
Business
Elon Musk's mysterious ways on display in Tesla tweet trial
Elon Musk's enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits—tweeting.
11 minutes ago
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Business
Wyoming crypto bank's Federal Reserve application denied
The Federal Reserve Board has denied a Wyoming cryptocurrency bank's application for Federal Reserve System membership, officials announced Friday, dealing a setback to the crypto industry's attempts to build acceptance in ...
Jan 28, 2023
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Business
IBM to cut 3,900 jobs as it reorganizes business
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.
Jan 26, 2023
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Business
Tesla will invest $3.6B in Nevada truck factory expansion
Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last ...
Jan 26, 2023
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Business
Families of 737 MAX crash victims set to face Boeing in US court
Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.
Jan 26, 2023
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Business
Tesla says its 4Q profit rose 59%, expects strong demand
Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.
Jan 25, 2023
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Consumer & Gadgets
How choice architecture facilitates consumer uptake of mobile apps
Researchers from Temple University, Columbia University, and Baylor University published a new Journal of Marketing article that examines the effectiveness of adopting different choices to guide digital consumer behavior ...
Jan 25, 2023
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Internet
Microsoft reports outage for Teams, Outlook, other services
Microsoft said it's seeing some improvement to problems with its online services including the Teams messaging platform and Outlook email system after users around the world reported outages Wednesday.
Jan 25, 2023
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Business
Boeing reports Q4 loss but reaffirms 2023 targets
Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed its 2023 outlook amid strong aviation demand.
Jan 25, 2023
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Business
Big Tech is firing employees by the thousands. Why? And how worried should we be?
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn't been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines.
Jan 25, 2023
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Business
AmazonSmile's end is alarming, say nonprofits that benefited
Amazon's surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding.
Jan 25, 2023
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Business
Amazon workers hold first UK strike, adding to labor turmoil
Amazon warehouse workers went on strike for the first time in Britain on Wednesday because of a dispute over pay and working conditions, adding to a wave of industrial labor action across the country fueled by the soaring ...
Jan 25, 2023
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